On our facebook page, we recently shared an article regarding Robot Insurance. Like it or not, it will most likely be something we as insurance agents will be learning, and you as a consumer and customer will be needing. Robot modeled vacuums and lawn mowers currently exist, however, this year has introduced us to the Mercedes F015 and it is a sure thing that similar models and prototypes from other manufacturers will follow in the near future. We have had a "glimpse" in the near future and it illustrates self driving cars. The question now becomes, "what happens when technology goes bad" to put it more subtly, "what happens when these cars fail, when technology goes wrong, and a wreck occurs". It is after all a manufactured machine, and will eventually fail or accrue technical problems over time, as all equipment tends to do. Hence, a new line of insurance, Robot Insurance, (at least that's what we're calling it for now) will be an inevitable necessity.

Read more on the article we shared last week written by Gopi Mattel here!